Purchasing Non-Performing Notes.
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20
Jan
Note Buying For Dummies In Las Vegas!! Oct 11th-13th
Author: admin // Category: Mortgage Notes
NOTE BUYING FOR DUMMIES
You don’t have to be a genius to cash in on the best market for buying defaulted residential and commercial notes direct from banks since the RTC days! More and more banks are turning to investors like you and me to help them solve the problem of more and more toxic loans clogging up their books. This strategy has been around for a long time, but with all the red tape and limitations on the buying and flipping of short sales and REO’s, there has never been a better “perfect storm” for buying notes.
You will learn how you can capitalize on this growing market by finding great deals with none of your own money, no overhead, and virtually no competition. When you combine no longer having to mail postcards and yellow letters, or deal with loss mitigators and dramatic home owners along with closing deals faster and making huge checks on deals that the banks call you on, there isn’t a smarter investment strategy out there. Put away your hammers and learn how to make money on defaulted notes all across the country while sitting on your butt at home and eating bon bons!
Scott will teach you:
How to find banks with bad paper.
What and what not to say to have banks calling you with deals!
How to make money with one of four different exit strategies
How to create Win-Win-Win scenarios for you, borrowers and the banks!
How to make money on notes all across the country.
If you are tired of pulling your hair out with short sales and battling the completion and realtors for REO’s, and are looking for a real estate strategy that is viable, easy to learn, and works in any and every market with virtually zero overhead, none of your own money, then you won’t want to miss out on this training session.
Duration : 0:2:50
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http://www.weclosenotes.com Scott Carson (aka the Note Guy) is a nationwide investor, educator and speaker focusing on buying defaulted notes on residential and commercial properties direct from over 2000 banks across the country. He is the president of Inverse Investments and teaches other investors how to cash in by buying toxic assets.
Duration : 0:1:37
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http://www.weclosenotes.com Scott Carson (aka the Note Guy) is a nationwide investor, educator and speaker focusing on buying defaulted notes on residential and commercial properties direct from over 2000 banks across the country. He is the president of Inverse Investments and teaches other investors how to cash in by buying toxic assets.
Duration : 0:2:10
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http://www.weclosenotes.com Scott Carson (aka the Note Guy) is a nationwide investor, educator and speaker focusing on buying defaulted notes on residential and commercial properties direct from over 2000 banks across the country. He is the president of Inverse Investments and teaches other investors how to cash in by buying toxic assets.
Duration : 0:2:12
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* Scott Carson (aka the Note Guy) is a nationwide investor, educator and speaker focusing on buying defaulted notes on residential and commercial properties direct from over 2000 banks across the country. He is the president of Inverse Investments and teaches other investors how to cash in by buying toxic assets.
Duration : 0:2:30
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NOTE BUYING FOR DUMMIES
You don’t have to be a genius to cash in on the best market for buying defaulted residential and commercial notes direct from banks since the RTC days! More and more banks are turning to investors like you and me to help them solve the problem of more and more toxic loans clogging up their books. This strategy has been around for a long time, but with all the red tape and limitations on the buying and flipping of short sales and REO’s, there has never been a better “perfect storm” for buying notes.
You will learn how you can capitalize on this growing market by finding great deals with none of your own money, no overhead, and virtually no competition. When you combine no longer having to mail postcards and yellow letters, or deal with loss mitigators and dramatic home owners along with closing deals faster and making huge checks on deals that the banks call you on, there isn’t a smarter investment strategy out there. Put away your hammers and learn how to make money on defaulted notes all across the country while sitting on your butt at home and eating bon bons!
Scott will teach you:
How to find banks with bad paper.
What and what not to say to have banks calling you with deals!
How to make money with one of four different exit strategies
How to create Win-Win-Win scenarios for you, borrowers and the banks!
How to make money on notes all across the country.
If you are tired of pulling your hair out with short sales and battling the completion and realtors for REO’s, and are looking for a real estate strategy that is viable, easy to learn, and works in any and every market with virtually zero overhead, none of your own money, then you won’t want to miss out on this training session.
ABOUT SCOTT CARSON
Scott Carson has been a full time real estate investor since 2006 and an active investor since 2001. He is the President of Inverse Investments LLC, a Texas based investment firm specializing in buying defaulted notes on both residential and commercial properties. His company is direct to over 2,700 banks and lending institutions across the country and was one of the premier note buying companies in the country by buying and brokering non performing notes for his own portfolio and investors all of all size.
Scott has worked with thousands of investors across the country by helping take their real estate careers to the next level as an investment coach for over five years. He is a featured speaker (both domestic and internationally) on the note business, short sales, and raising private capital. He is the author of “Note Buying for Dummies,” a continuing education course for Texas realtors (15 hours of MCE), and has been quoted numerous times in the Wall Street Journal and Investor’s Business Daily. For more info check out http://www.WeCloseNotes.com.
Duration : 0:2:14
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auctionsnowhttp://gdata.youtube.com/feeds/api/users/auctionsnowHowtoNon, Performing, Notes, Tutorial, h264, HD, v3Non-Performing Notes Tutorial
Duration : 0:4:19
11
Nov
430 PERFORMING NOTES-22.5% CAP RATE-LAND CONTRACTS SO NO FORECLOSURE!-50% of UPB.avi
Author: admin // Category: Non Performing Real Estate
EroEstate.com- 786-344-6620
430 properties in 34 States (Working on finding out the occupancy rate) — Minimum bid of 25% of the pool.
Original Sale Price $18,596,773 = $43,248 Avg Sale Price
Original Loan Balance: $18,120,573
UPB: $17,955,464
Total Monthly Payment is $173,666.00 w/taxes $208,485.00. Yearly Return = $2,083,992.00
22.4% Cap Rate
Total Over Term (Total collected once Principal and Interest has been fully paid at the end of the term of the mortgage): $41,831,124.00
SALE PRICE (50% OF THE BPO-ORIGINAL SALE PRICE) : $9,298,386 discounted sale price plus 3% fee
Bid As low as 25% of the pool, hence minimum bid of $2,324,596.73
Facts of this Offer:
1. The properties were financed by private lenders and owners were given “Owner Financing”. This is why interest rates are as high as 10%.
a. The advantage here is that if the owner ever defaults on a payment, you won’t have to foreclose the property, you will be able to re-possess it immediately. This is why it’s called a land contract and you avoid any hassle of foreclosure.
2. No need to handle the headaches of owning the property, you are the holder of the note (hence the same position as a bank would be) and simply collect the P&I each month.
3. Many of the owners of these properties have received government funding and so were helped big time to purchase these homes.
4. States included in this deal: CA, AZ, KS, MO, MN, NC, SC, PA, MT, VA, MI, TN, OK, OH, IN, GA, OR, NM, KY, KS, FL, IL, LA, AL, IA, NE, MS, TX, ME, WV, AR, MD, WI, NY
5. Contracts are being serviced by a property management company that can continue to provide this service as well as any other service required.
6. A 10 day Due Diligence period will be offered and closing will immediately follow in about a weeks’ time.
7. This is very different than Non-Performing Bank Notes since these properties have already been worked on, are fresh owners and returns are seen immediately after the assignment of mortgage is made.
If this is something of interest please contact me immediately with a Proof of Funds letter and we can further discuss the offer before its sold. Thanks!
MUST RECEIVE A REFUNDABLE DEPOSIT THIS WEEK.
Duration : 0:10:25
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19
Sep
In Tight financial Markets Is A Good Time to Obtain PMM – Seller Financing
Author: admin // Category: Non Performing Real Estate
http://www.IncomeBuyer.com email: IncomeBuyer@gmail.com Interview with Multi-family investor and Income Buyer Jorge Gandelman Resnik about the advantages selling and purchasing income properties using PMM (Purchase Money Mortgages) or seller financing in tight Financial markets. The idea to is structure monthly interest payments interest only specially the initial two to five years ir orde to have enough possitive cashflow to improve property and allow inflation to work to your favor. Sellers alos have the advantage of being able to sell their property a lot faster. Sellers dont worry, we can cash out your mortgage and note at closing ar soon there after the closing.
copyright 2011 Top Latin Domains SA. licensed to IncomeBuyer.com, MusicaMexicana.mx, MortgagesAndNotes.com, DiscountYourMortgage.com
Duration : 0:3:56
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